What is “eligible purchaser status”?
Eligible purchaser status is a provision of the South Carolina motor fuel law that entitles the approved fuel vendor to receive deferred payment of the user fee and other applicable fees from the terminal supplier. The terminal supplier is required to defer the charge of the motor fuel user fee and other applicable fees until one day before they are required to remit the amounts to the Department of Revenue. A fuel vendor with eligible purchaser status also qualifies for the tare allowance refund on purchases of South Carolina user fee paid gasoline and low sulfur diesel purchased directly from terminal suppliers.
Related Questions
- Does a third party seller of equipment have any contingent liabilities in the future for any circumstance of non-repayment by the Obligor (Purchaser of equipment)?
- What is the responsibility of the Division once it receives the C-9600 form notice from the purchaser?
- What should a purchaser do about Insurance?
